Life Cycle of a Trade - May 23, 2026 - How Defined Risk Spreads Handle Assignment

Understanding calendar and diagonal spread mechanics requires seeing a full trade lifecycle in action. This tastylive episode explores delta-based entry selection, what occurs when assignment happens on a defined risk position, and why capital requirements may remain manageable. Discover how closing spread positions with assigned shares together maintains risk integrity and why extrinsic value factors into exit timing decisions.